Public Schools – Accounting and Financial Statements Requirements

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Attending the course and successfully completing the post-assessment, will grant you 2 hour/s verifiable CPD, recognised by the various professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc). Please note that the CPD certificate will only be issued once the post-assessment has been completed.
Web Based (Online)
TRISTAN DAVID-CREWE WHITE
tristan@probetatraining.co.za

Public Schools are required to compile financial statements annually, within 3 months after the December year end.

Three key decisions the compiler has to make:
- What reporting / accounting framework should we adopt, e.g. IFRS or SMEs or MEC Guidelines?
- Does the South African Schools Act restrict how certain transactions are treated?
- Who is allowed to compile the AFS of a public school?

Join us as we help you make informed decisions.

Break down the SA Schools Act requirements that affect the accounting transactions that end up in the financial statements
Provide guidance on available financial reporting frameworks when preparing financial statements
Work through the National Guidelines accounting framework developed by the Department of Basic Education
Clarify who is permitted to compile AS

☒Auditors
☒Financial accountants
☒Audit managers
☒Audit partners
☒Engagement Quality Control Reviewers